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Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).

The official launch of SouthPlace 2 Shoppes & Residences, which was previously soft launched in May, also comes on the heels of Tropicana’s announcement of upscale supermarket Mercato as the anchor tenant at SouthPlace Shoppes & Residences.

The mutual termination was due to the inability of SWS Capital Bhd's wholly-owned unit, SWS In Medics Sdn Bhd’s (SIMSB), to fulfill the conditions precedent to obtain a loan from the financier to acquire the properties.

For the longest time, purchasing a house or commercial property is seen as a major milestone, a symbol of independence and a pathway to building wealth.

Phase one will consist of 166 shops, with 147 units being two-storey shop offices and the remaining 19 units shop office units with sub-basement car parks.

Tan Kian Aun, president of Malaysian Institute of Estate Agents: While property investors want to maximise their returns on investment, we also need to take into consideration of safety and also overcrowding of the apartment.

CGS-CIMB said cement industry's prospects will look brighter post the fourth quarter of calendar year 2023 once there is clarity on the MRT3, Bayan Lepas Light Rail Transit and HSR, which have a combined value of circa RM90 billion.

Vacancies rose marginally by a quarter of a percentage point q-o-q to 13.

“[Dari angka purata ini], pelanggan biasanya akan menghabiskan kira-kira 50% hingga 70% untuk perabotan.

Sime Darby Property said demand for its landed property remains strong with an average take-up rate of 80% as of end-March 2023.